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Osun workers resume work after 6-wk strike

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Osogbo—Osun State workers yesterday ended  their six weeks strike by signing a Memorandum of Understanding, MoU, with the state government to put an end to the industrial action.

Labour leaders at the end of the meeting with government representatives at the Governor’s Office in Osogbo decided to  end its strike and called on civil servants in the state to resume work today.

But Council of Academic Staff Unions of Osun State-owned tertiary institutions, CASUOSTI dissociated itself from the call-off by the NLC and the TUC, saying they are not part of the decision.

The union, in a statement in Osogbo, by its Secretary, Comrade Olusegun Lana maintained that they would continue with the strike as the problem of alleged mismanagement of their contributory pension scheme and deductions from their salaries were not resolved.

The state government reportedly commenced the payment of backlog of workers’ salaries yesterday, starting with January and February, 2015 for state workers and March and April, 2015 for Local Government counterparts.

Other ongoing payments included that of primary school teachers, balance of pensions for state government for November 2014, outstanding pensions for January-February, 2015 for Retired Primary School Teachers and March, 2015 Pensions for Retired Local Government Staff.

The Memorandum of Understanding (MOU) was signed by the State government, the Joint Public Service Negotiating Councils (JPSNC), the Nigeria Labour Congress (NLC), and the Trade Union Congress (TUC), of Osun.

Chairman, Nigeria Labour Congress, Comrade Jacob Adekomi, who spoke on behalf of other labour leaders pointed out that labour, in ending the strike considered the parlous financial situation of the state arising from decline in monthly Federal Allocations and dwindling Internally Generated Revenue, IGR which originally led to non-payment of six months’ salaries.

The NLC chairman added that government and labour therefore, agreed to enter into a Memorandum of Understanding MOU in anticipation of the various efforts to be put in place to end the delay in payments.

Labour also added that the strike is being suspended to show appreciation to the state government’s commitment to the welfare of its workers, having in mind the need to collect data towards the completion of the critical verification exercise of workers and retirees in the entire public service.

Adekomi stressed that committees will be put in place comprising government and Labour unions representatives who will embark on the screening exercise of all categories of workers and pensioners in  the state.

According to him, “The MOU we are signing today is agreed to by both parties taking due cognisance of the present parlous financial situation of the state on an interim basis, as a condition precedent to suspending the strike action.

“Committees will be set up according to the MOU aimed at screening, determination of the actual wage bill, and workers in the employment of the state, the actual number and actual monthly pensions’ bills of both Local Governments’ and State Government Pensioners.”

Meantime, the Nigeria Labour Congress, NLC, Joint Public Service Negotiating Councils JPSNC, and the Trade Union Congress TUC, in the state yesterday dissociated the unions from the recent protests embarked upon by a group of people in the state over unpaid salaries.

The unions, after calling off the  strike used the opportunity to condemn the protests and described them (protests) as being politically-motivated.

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The 2026 Nigerian Bank Recapitalization: Where Does Your Bank Stand?

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Leading Fintech Expert, Jesam Micheal Applauds Tinubu For Lifting Ban On Cryptocurrency, Charges Nigerians To Embrace AAS Token
The countdown to March 31, 2026, has officially entered its final stretch. While you might have seen headlines claiming only 19 banks have met the mark, the reality on the ground is much more dynamic. In fact, as of January 2026, we have seen a surge of compliance, with approximately 22 out of 34 banks now having their licenses “secured” under the Central Bank of Nigeria’s (CBN) new rules.
If you are wondering where your money is or if your bank is safe, here is the fact-driven breakdown of the current banking landscape, correcting common misconceptions along the way.
Recapitalised banks
The CBN set a high bar of ₦500 billion for international banks and ₦200 billion for National banks. Crucially, this must be “paid-up capital”, banks cannot count their saved profits (retained earnings) toward this goal.
These banks are recapitalised:
Access Bank, Zenith Bank, GTBank, UBA, First Bank and Fidelity: These banks have crossed the N500 billion finish line and have secured their international licence.
FCMB, Wema, Standard Chartered, Citibank: These banks have officially secured their national license, with FCMB in the final sprint to hit the ₦500 billion to secure its international banking licence.
Other secured banks: Stanbic IBTC, Sterling Bank, Providus Bank, Globus Bank, and Premium Trust Bank have all officially cleared the requirement.
Mergers and downgrades
The story of the 2026 recapitalization also featured mergers, acquisitions, and downgrades:
Unity Bank and Providus Bank are in the final stages of a merger that will create a top 10 Nigerian lender. Similarly, Titan Trust has completed its integration with Union Bank to solidify its capital base.
Nova Bank chose a Regional License (₦50 billion) to focus specifically on being a high-end niche player, a healthy business move.
Non-Interest banking: Islamic banks like Jaiz, Taj, and Lotus have all met their ₦20 billion requirement, proving that niche banking is stronger than ever.
For the few banks still in the “red zone,” the next 80 days will involve final-hour mergers or private equity injections. For you, the customer, this means a banking sector that is tougher, more transparent, and better funded than ever before.
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How Primate Ayodele Foretold Collapse Of School Building In Ikorodu, Lagos

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Residents of the Odo-Kekere Community in the Ikorodu area of Lagos State, on Thursday evening, were thrown into panic following the sudden partial collapse of a structure in a local public school in the area.

According to a source, a section of the school building gave way late Thursday with a thunderous sound that drew neighbours to the scene.

First responders from the Lagos State Emergency Management Agency, LASEMA, and the Lagos State Building Control Agency LASBCA, raced to the scene promptly and cordoned off the area for safety purposes.

This development has no doubt fulfilled the prophecy of Nigerian prophet, Primate Elijah Ayodele, which he shared in his annual prophecy book titled Warnings To The Nations (2025/2026) edition.

On page 108 of the prophecy book, Primate Ayodele warned against collapse of any school building in Nigeria.

“Schools in Nigeria: Let us pray so that no school will be attacked in Nigeria and that a school building will not collapse.”

Also, in his 2026 prophecies, he asked Nigerians to commit Lagos schools into God’s hands.

“Let us commit schools in Lagos to God’s hands against all attack” (Page 5).

Furthermore, in a video shared on his social media page, Primate Ayodele specifically mentioned that Nigerians should pray not to see a building collapse in Lagos.

“Let us pray not to see a school building collapse in Lagos state, Oyo, Abuja, Ogun state. Let the government go around schools and quickly demolish deplorable school buildings.”

All these have fulfilled the prophecy of Primate Ayodele.

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Hon. Toyin Amuzu: A Legacy of Service, Unity, and Perseverance

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By Adebayo Osonuga, Manchester

In the ever-evolving landscape of politics, where commitment is often tested and leadership scrutinized, few names resonate with consistency, dedication, and perseverance quite like Hon. Toyin Amuzu. Over the years, he has emerged as a dependable public servant whose political journey is firmly rooted in service to the people and an unwavering belief in collective progress.

From the onset, Hon. Amuzu’s foray into politics appeared almost inevitable to those who knew him well. Guided by a deep passion for public service, he embraced leadership not as a position of privilege, but as a responsibility to uplift others. His political career has been defined by a rare ability to connect genuinely with people across social, cultural, and economic divides—listening attentively to their concerns and working diligently to address them.

A defining strength of Hon. Amuzu’s leadership is his adaptability. In a political climate often marked by division and rivalry, he has consistently chosen the path of dialogue, bridge-building, and unity. His inclusive approach has enabled him to foster cooperation among diverse groups, earning him admiration beyond party lines. For many in his constituency, his open-door policy is not a slogan but a lived reality—one that reflects empathy, accessibility, and action.

Despite the inevitable challenges that accompany public office, Hon. Amuzu has remained steadfast in his vision of a better and more equitable society. He is a strong advocate for hard work, resilience, and personal responsibility, values he exemplifies in both his public and private life. Through his words and actions, he has inspired many—particularly young people—to believe in the power of determination and purposeful leadership.

His impact is perhaps most evident in the tangible development initiatives he has championed within his community. From advocating policies aimed at social progress to supporting initiatives that improve everyday living, Hon. Amuzu has played a notable role in driving growth and positive change. These efforts have not gone unnoticed, cementing his reputation as a leader who delivers and a representative who truly understands the needs of his people.

As a role model for emerging leaders, Hon. Toyin Amuzu stands as a reminder that politics, when guided by integrity and compassion, can be a powerful tool for transformation. His selflessness, humility, and commitment to service continue to inspire confidence and hope among those he represents.

In sum, Hon. Toyin Amuzu embodies the true essence of public service. His legacy is one of unity, perseverance, and people-centered leadership—a legacy that will undoubtedly endure for generations. As he continues his journey toward a brighter future for all, his name remains firmly etched among those who lead not just with authority, but with heart.

TA… We Rise Together.

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